Ewj: elliott wave
- Thread starter mu200411
- Start date
Sell -> Buy -> Sell:
INDU, SPX and TRAN: Shooting Star -> Hammer -> Dark Cloud Cover.
NASDAQ: Evening Star -> Counter Attack -> Harami.
UTIL: Bearish Engulfing -> Hammer -> Doji .
MACDs may cut trigger lines DOWN in two days.
Equity Put/Call R20 may reach .95 in two days then rebound while indices go below Aug low.
INDU, SPX and TRAN: Shooting Star -> Hammer -> Dark Cloud Cover.
NASDAQ: Evening Star -> Counter Attack -> Harami.
UTIL: Bearish Engulfing -> Hammer -> Doji .
MACDs may cut trigger lines DOWN in two days.
Equity Put/Call R20 may reach .95 in two days then rebound while indices go below Aug low.
$USD reaches target MA(200) as expected 
.
May go UP to measured move target at 77.25
.
$XEU breaks MA(200) support, may go DOWN to measured move at 136 .
Crude Oil: Dark Cloud Cover just below MA(50),
Wave 4) 21 days = Wave 2) : Wave Equality in time.
Crude Oil's Wave 5) should come soon within 1 or 2 days, or not at all .
Gold: Double Top, Atypical Shooting Star and Evening Star -> Bullish Engulfing look-alike .
Silver: Harami, Hammer -> Morning Star look-alike .
Both Gold and Silver 3-waves, may be corrective waves.
.May go UP to measured move target at 77.25
.$XEU breaks MA(200) support, may go DOWN to measured move at 136
.Crude Oil: Dark Cloud Cover just below MA(50),
Wave 4) 21 days = Wave 2) : Wave Equality in time.
Crude Oil's Wave 5) should come soon within 1 or 2 days, or not at all
.Gold: Double Top, Atypical Shooting Star and Evening Star -> Bullish Engulfing look-alike
.Silver: Harami, Hammer -> Morning Star look-alike
.Both Gold and Silver 3-waves, may be corrective waves.
Wave C3]1)5 might have begun 
.
Head and Shoulders patterns should be confirmed soon.
UTIL's MACD cut trigger line DOWN, others may follow soon .
Equity Put/Call R20 rises to form a lower high, SPX may form a lower low as Wave C3]1)5 .
Previous Chart:
Gold showed Hammer, Silver showed Bearish Engulfing, MACDs below trigger lines = may fall further.
Crude Oil falls after 21th day of ascending wedge, should be Wave 5) as expected .
VIX's MACD may cut trigger line UP soon = Higher High.
.Head and Shoulders patterns should be confirmed soon.
UTIL's MACD cut trigger line DOWN, others may follow soon
.Equity Put/Call R20 rises to form a lower high, SPX may form a lower low as Wave C3]1)5 .
Previous Chart:
Gold showed Hammer, Silver showed Bearish Engulfing, MACDs below trigger lines = may fall further.
Crude Oil falls after 21th day of ascending wedge, should be Wave 5) as expected
.VIX's MACD may cut trigger line UP soon = Higher High.
Hammers in INDU, SPX, and TRAN.
Piercings in NASDAQ and UTIL.
May be wave one-two, one-two.
Return moves of Head and Shoulders patterns in INDU, SPX and TRAN, or failed Head and Shoulders patterns .
MACDs will cut trigger lines DOWN today and tomorrow.
Bearish Flags in INDU and SPX.
Reverse Head and Shoulders in TRAN .
Equity Put/Call R20 is forming a lower high = new low .
Piercings in NASDAQ and UTIL.
May be wave one-two, one-two.
Return moves of Head and Shoulders patterns in INDU, SPX and TRAN, or failed Head and Shoulders patterns
.MACDs will cut trigger lines DOWN today and tomorrow.
Bearish Flags in INDU and SPX.
Reverse Head and Shoulders in TRAN
.Equity Put/Call R20 is forming a lower high = new low
.